I set up quickbooks with a checking account with multiple subaccounts, each with balances. The total of the subaccounts equals the actual checking account bank balance.
I created a quickbooks savings account for money in savings.
Checking does not earn interest, but savings does. I'd like to physically
move $ from checking to savings to take advantage of the interest, but at
the same time I'd like to keep track of the $ available to spend in
Should I set up identical sub accounts in savings and move a portion from
each checking sub account to each savings sub account?
Any suggestions on how to take advantage of the savings account interest,
while still being able to track the funds available?
- posted 13 years ago